Swiss Market Ends Marginally Down After Cautious Sessionfxcue.com

(fxcue news) - The Switzerland market started off on a positive note on Monday but slipped into the red soon thereafter, and despite emerging above the flat line around mid afternoon, fell again and ended the day's session marginally down. The mood remained cautious with investors awaiting monetary policy announcements from the Swiss National Bank and European Central Bank. The benchmark SMI, which advanced to 11,829.09 in early trades, dropped to a low of 11,761.72 before eventually closing at 11,761.72 with a loss of 18.93 points or 0.16%. Holcim ended down 1.55%. Givaudan and Sandoz Group lost 1.17% and 1.12%, respectively. Lonza Group, Swisscom, Novartis, Zurich Insurance Group, Partners Group, Schindler Ps and UBS Group closed lower by 0.3 to 0.7%. Among the gainers, Swatch Group rallied about 2.7%. Richemont climbed 2.06%. Adecco and Straumann Holding gained 1.75% and 1.51%, respectively. Julius Baer climbed 0.89% and Sika closed up 0.81%. Data from the State Secretariat for Economic Affairs said Switzerland's consumer confidence rose to -37.2 in November, improving from -48 in the same month a year earlier.

Swiss Market Ends Marginally Down After Cautious Session

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Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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Swiss Market Ends Marginally Down After Cautious Session

China Export Growth Weakens; Imports Post Surprise Decline

Yen Falls Against Majors

European Shares Decline On Weak China Data

Oracle Shares Hit As Q2 Misses Estimates

FTSE 100 Slides As Miners Decline On Weak China Data

China's economy has a sudden major news! Bloomberg: Chinese economists expect government to make biggest move in 30 years

Swiss Market Ends Marginally Down After Cautious Session

CAC 40 Slides As Focus Shifts To US CPI Data

Please sign in

Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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